Thinking about giving money clips for groomsmen gifts? Read this post first to give you the best info. Plus, subscribe for the latest giveaways and wedding planning tips to your inbox!

Updated October 2020.

A money clip, which is a metal band that is used to hold money firmly in place instead of a traditional wallet, has become a classic go-to for groomsmen gifting needs. But does a money clip make a good gift for a groomsman or Best Man at your wedding?

I know you’re eager to find out, so let’s get started. In this blog post, we’ll tell you everything you ever wanted to know — burning question, I know, ha — about the money clip. Is it a cool gift, or should you pass?

Why are money clips a popular groomsman gift?

Well, for starters, just because a gift is popular doesn’t necessarily make it good. However, that’s not the case here because, yes, money clips for groomsmen gifts are a great idea.

Here are five reasons why personalized money clips = awesome groomsmen gifts.

1. Money clips are pretty inexpensive.

I always feel a little weird looking at super-expensive wallets. Sure, they’re nice and extra-well-made. But I know they’re going to get used until the very last stitch comes undone and, you must admit: it is still just a place to hold your cash.

And when I see price tags of $100+ for a wallet, I think, it’s nice and all, but I’d rather have the cash inside a less expensive wallet. :) I’m lookin’ at you, FRYE, but you do fit a phone inside so that’s a bonus.

But that’s just me.

A money clip is an inexpensive groomsman gift that doesn’t appear cheap, especially when you know where to buy it.

Buying money clips for groomsmen gifts will cost you about $20 to $40 dollars, give or take, depending on the type of metal that is used to make the money clip. The price may increase slightly depending on the type of engraving (if any), the size of the money clip, how quickly you need it, and how many money clips for groomsmen gifts you are purchasing.

In some cases, but not all, you can get a discount when you buy more than one money clip, or buy a bulk order of money clips. Some shops offer free shipping, while others include a gift box.

2. It is an easy, straightforward gift.

Truth be told, groomsmen have been receiving money clips as gifts because it is easy. Everyone giving a gift likes one that is easy, not overly complicated, and most of all is completely useful. A functional gift of any kind — groomsmen or otherwise — is always way better than something that may simply collect dust.

And lastly, money clips for groomsmen offers a bit of symbolism: some believe the gift of a wallet or money clip can bring good fortune or prosperity.

Will a money clip make you rich? Not necessarily. Will you win the lottery? Probably not.

But if you do, you’ll have a handy money clip with your initials on it, or an engraved wallet to hold all that cold hard cash. :) Let’s tackle a few money clip questions.

3. You can get personalized money clips.

If giving money clips as groomsmen gifts, do they need to be personalized?

Yes.

Technically, if you’re giving a money clip and other gifts with it, then no, don’t worry so much about the engraving.

But if the money clip is the solo gift, yes, it is best to be engraved or personalized in some way.

You can see two differences: for example, here is an example of groomsmen money clips bulk sized. You get a set of 6 in silver with no engraving, no initials, no personalization. Nada. But it only costs $8.59 for a pack of 6.

Example A: Cozihom, Stainless Steel Money Clip Bulk, Set of 6

We say it leaves much to be desired if giving as a gift, particularly since it lacks any kind of personalized look or feel. Compare it with this next example: a personalized money clip.

Example B: Tracy Tayan Designs, Personalized Money Clips for Groomsmen Gifts

For example B, you’ll see a handcrafted groomsmen money clip. This baby is monogrammed, available in brass or copper or aluminum, hammered edge, shiny edge, coordinates, initials, etc. Bells and whistles. These groomsmen money clips are handmade by Tracy Tayan Designs. See? Big difference vs. non-personalized money clips.

And when you’re giving a gift, it pays to go the extra mile and make it extra special with personalization.

Money Clip Grooms Gift

If you would like to add a few gifts with it, these cuff links and tie bars fit in nicely to create a complete groomsman gift. You can also include one of these, if he doesn’t already have one. This set is a popular groom’s gift, given to him on the morning of the wedding.

Money Clip Wallet for Groomsmen

If you like the idea of a money clip but also a wallet, here’s another option: the money clip wallet. For groomsmen, this makes another genius gift idea. It is functional, fits in his pocket, and holds a few cards.

A money clip wallet is a small one-panel wallet with a money clip on the back. It can hold bills, yet the other side holds a few credit cards or identification cards. And, ya know, that library or gym card membership. :)

This leather wallet is handmade by NorthStarEngraving and costs around $29.90+ to around $44+ for the upgraded version, which has the money clip on one side and full side for cards. For the price, this is a tremendous value. I’ve seen similar money clip wallets for groomsmen priced higher, especially with the personalization (you get free personalization here!)

If you’d like a money clip wallet for groom gifting, this one is super-sweet with the engraving (it can say what you’d like):

Groomsmen Money Clips: Where to Buy Gifts

What do you think of these money clips? Great idea, aren’t they? We think so, too!

To shop, you can buy money clips for groomsmen gifts from here.

For money clip wallet options, shop here.

And there you have it. What questions do you have about these, if any? Are you giving them as gifts?

Happy Planning!

xo
Emma

P.S. Need additional gift ideas for groomsmen? Try: 12 Coolest Non-Cheesy Groomsmen Gift Ideas and 25 Cool Groomsmen Gifts on Etsy [LISTEN TO THE PODCAST].